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West Central Reporter

Thursday, November 21, 2024

Morgan County taxpayers give $107,371 in Countywide Sales Tax in July

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Morgan County taxpayers paid $107,371 in Countywide Sales Tax in July, according to Illinois tax records.

This figure marks a significant decrease from the previous month, where Countywide Sales Tax collection stood at $115,245.

Over the past 12 months, Morgan County's residents have collectively paid a total of $1.3 million in Countywide Sales Tax.

The Countywide Sales Tax, a crucial revenue stream, is primarily allocated for county governments use.

Despite fluctuations in tax collection, Illinois continues to be one of the highest-taxed states in the U.S. According to a Wallet Hub study from March 2023, the state ranked as having the highest tax burden, approximately 39.83% above the national average.

Illinois governor J. B. Pritzker is accused of adding more than $5.2 billion in new or higher taxes since coming into power in early 2019. As a business owner, he has a fortune of more than $3 billion, largely based on his family's wealth and connections.

Countywide Sales Tax Collected in Morgan County Over Last 12 months
MonthAmount Collected% Change from Previous Month
July$107,371-6.8
June$115,2458
May$106,672-2.4
April$109,24913.2
March$96,500-4
February$100,510-20.9
January$127,04415.5
December 2023$109,9765.2
November 2023$104,555-3.1
October 2023$107,9487.1
September 2023$100,835-3.9
August 2023$104,909-2.2

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